More slippage for JSE US$ market

unitsThe JSE US dollar Market closed on Wednesday with further slippage in the market index and with more securities trading, but the volume exchanged slipped slightly below Tuesday’s level.
Market activity resulted in five securities changing hands, compared to three on Tuesday. The market closed with the prices of one stock advancing, two declining and one remaining unchanged. Trading ended with 359,890 shares with a value of US$61,624 changing hands, in contrast to 649,264 shares with a value of US$121,654 from the trading of four securities on Tuesday.
At the close, the market index fell by 1.99 points to 187.00 and the PE ratio of the market closed with an average of 12.8 times 2020 earnings.
At the close of market activity, Margarataville exchanged 1,089 shares and closed unchanged at 18 US cents, Proven Investments ended trading 250,000 shares to settle at 22 US cents, Sterling Investments lost four-tenth of a cent in trading 1,966 stock units at 1.9 cents. Sygnus Credit Investments closed at 13 US cents, after gaining one-tenth of a cent in exchanging 44,700 units and Trans Jamaican Highway ended the day at 0.93 US cents, having shed one-fifth of a cent after transferring 62,135 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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